All news articles – Page 1593
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News
Cote to make North West debut
Cote, the CBPE-backed chain, has secured its first site in the North West, in Manchester, M&C Report has learnt
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Brains replaces Costa in pubs with own brand
SA Brain, the Welsh brewer and pub operator, has taken out Costa coffee in its 95 sites and brought in its own brand named Great Little Coffee Company, retail director Philip Lay told the Pub Retail Summit
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Rose reveals new-look Chicago details
Chicago Leisure chief executive Christian Rose has revealed more details of the company’s new-look Chicago Rock Café, which opens in Yeovil next Thursday
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NewsRollo expects solid Q3 from Whitbread
A leading analyst said he expects Whitbread to report solid like sales growth of 3%, in line with H1 when it updates the market on 10 December, but that growth across its restaurants will be flat due it being underrepresented in London
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Brunning & Price grows pipeline
Brunning & Price (B&P), the Chester-based pub group owned by the Restaurant Group, will open three further pubs before the end of the year and expects to be “even busier” on the openings front in 2014
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French: Good growth expected for Fuller’s in Q3
A leading analyst has said he expects Fuller’s to report a period of good progress with c7% growth in earnings to £18.3m PBT when it announces its H1 results for the 26 weeks to 28 September on 22 November
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NewsTRG: C2C, Frankie & Benny’s, Joe’s, London prices
M&C Report talks to The Restaurant Group’s chief executive Andrew Page about the doubling the group’s estate; the expansion and performance of Coast to Coast; a potential push behind Joe’s Kitchen & Coffeehouse, and the general economy, plus a round-up of the analyst’s reaction to its Q3 update
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Openings to aid Young’s performance
A leading analyst has said that he expects a raft of new openings to have provided momentum to the performance of Young’s, which will release its H1 results for the six months ended 30 September on 21 November
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NewsCraft Beer goes mainstream
Craft beer has gone mainstream this year, beer writer Pete Brown has told the Pub Retail Summit
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to Enterprise Inns’ full-year results next Tuesday (19 November), saying that he believes it will have struggled to reach its Q4 like-for-like target for profitability
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NewsM&C20 large caps have a bad week
The M&C20 Index suffered one of its biggest reverses this week to finish down 2.3% at 1,127, the leisure sector badly underperforming the market as the FTSE All-Share index advanced a point to 1,036
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NewsStonegate's Bramwell package includes Varsity but not Wild Lime
The 78 former Bramwell Pub Company sites acquired by Stonegate include about a dozen within Greater London and seven Varsity-branded student pubs, although its three new Wild Lime sites and its first premium concept are not part of the deal
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NewsStonegate acquires Bramwell portfolio
Stonegate Pub Company, the TDR Capital-backed group, has completed the acquisition of 78 sites from the administrators of Bramwell Pub Company, in a deal that is believed to be valued at around £35m, M&C Report understands
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Hansen: 2013 a turning point for pub market
This year will prove to be a “turning point” in the pub market, Sapient Corporate Finance founder Peter Hansen has predicted. Speaking at M&C Report’s Pub Retail Summit, he predicted banks would start to “loosen up” - and clearing banks would begin “piling back into the market”.
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34k personal licences issued... as Government looks to scrap them
A total of 34,300 new personal licences were issued in England and Wales the year to 31 March 2013, as the Government examines plans to abandon the system, new Home Office data shows
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Tragus replaces Ortega with Hawtons
Tragus, the Blackstone-backed, John Derkach-led group, is to convert one of its two remaining Ortega sites to a new British-focused concept called Hawtons
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NewsMcDonald’s UK launches job workshops
McDonald’s UK, Jobcentre Plus and learndirect teamed up earlier this week to hold the first ‘How to Get Hired’ workshop session, at the fast food chain’s restaurant in Brixton
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Iberica eyes further expansion
Iberica Food & Culture, the restaurant and deli led by two-Michelin starred chef Nacho Manzano, is eyeing further expansion inside and outside London
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NewsCustomer review tablet system launched
A customer review tablet system which aims to generate live customer feedback in the leisure and hospitality sector by gaining real time reviews from diners has been launch in Bristo
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Ex-Itsu MD to launch fast-casual concept
David Haimes, the former managing director of Itsu and group chief executive of Obika Holdings, is backing a new fast-casual concept called Smithfield London, which is due to open next month